XTI Aerospace

Maxim Group LLC has transferred coverage of XTI Aerospace (NASDAQ: XTIA) to its Technology team covering Drones & Robotics, reiterating a Buy rating and establishing a $5.00 12-month price target. The report highlights the strategic impact of XTI’s acquisition of DRONE NERDS, one of the largest drone distributors and enterprise drone solution providers in the United States. With the addition of Drone Nerds, XTI is expected to participate directly in the rapidly expanding enterprise and government drone market while providing value-added services including systems integration, training, fleet management, and operational support. Maxim forecasts a significant step-change in the company’s financial profile, projecting $163M in revenue in 2026 and $187M in 2027, compared to $18M in 2025, driven primarily by the integration of the Drone Nerds platform. The report also notes several industry tailwinds shaping the U.S. drone ecosystem, including: • Increasing adoption of drones across enterprise and public sector applications • Growing government focus on domestic drone supply chains • Regulatory restrictions on certain foreign-manufactured drones and components These developments are expected to accelerate demand for compliant, trusted drone providers capable of helping organizations navigate procurement, integration, and operational deployment. With a strengthened balance sheet, access to a $20M asset-based lending facility with JPMorgan, and a clear path toward positive monthly cash flow by the end of 2026, XTI Aerospace continues executing on its strategy to scale a leading U.S. drone platform serving enterprise, government, and defense customers. We appreciate the continued coverage and analysis from Maxim Group and look forward to executing on the opportunities ahead as the domestic drone ecosystem evolves. Link to report in comments. 🤝

XTI Aerospace was honored to serve as a sponsor of the 231st U.S. Navy Supply Corps Birthday Ball held at the historic Union League of Philadelphia. Representing XTI Aircraft at the event was Executive Vice President Zareh (Steve) Zohrabian. We extend our sincere appreciation to Rear Admiral Michael York, Commander of NAVSUP Weapon Systems Support, and Admiral Epps for their leadership and unwavering dedication to the Navy Supply Corps and the warfighters they support every day. The evening was a meaningful celebration of the professionals who ensure the U.S. Navy remains mission-ready around the world. It was also a pleasure connecting with Coach Joe Kasper of the Philadelphia Eagles and meeting new colleagues from Boeing. Thank you to the Navy Supply Corps community for an outstanding evening commemorating 231 years of service, commitment, and operational excellence. 🤝

XTI Aerospace is participating in the 2026 Wharton Aerospace Conference on Innovation and National Security, bringing together leaders from across the aerospace, defense, investment, and government communities in Philadelphia. Our Executive Vice President of XTI Aircraft, Zareh (Steve) Zohrabian, will join industry leaders speaking on the “Disruptive Capacity: Bringing Manufacturing and Innovation to National Security.” The discussion will explore how emerging aerospace companies, mid-tier manufacturers, and new entrants are addressing the growing demand for faster innovation cycles and scalable manufacturing capacity to support defense and national security missions. As the aerospace and defense ecosystem continues to evolve, the ability to combine advanced technology development with agile manufacturing will be critical to supporting the operational needs of the United States and its allies. Participation in this conference reflects XTI’s continued commitment to advancing aerospace innovation and strengthening the technological foundation that supports enterprise, government, and allied missions worldwide. We look forward to contributing to the important conversations shaping the future of aerospace and national security. 🤝

XTI Aerospace and DRONE NERDS are committed to supporting the national security interests of the United States and its allies through responsible innovation and dependable access to advanced unmanned systems. Recent global security developments continue to highlight the growing importance of resilient drone supply chains, rapid technological advancement, and reliable access to unmanned capabilities across defense, logistics, intelligence, and humanitarian missions. Consistent with these trends, XTI Aerospace is pursuing opportunities to support U.S. national security initiatives and has submitted solutions for consideration to programs advancing unmanned and expeditionary capabilities. This includes the submission of XTI’s SkyRunner VTOL Strike UAS for consideration under the Defense Innovation Unit’s Runway Independent Maritime & Expeditionary Strike (RIMES) program, designed to enable runway-independent deployment and rapid-response strike capabilities in maritime and expeditionary environments. In addition, XTI has submitted an innovative Power and Propulsion Architecture solution for consideration to the Naval Air Warfare Center Aircraft Division (NAWCAD) to support high-speed, long-range, and persistent unmanned operations aligned with evolving naval mission priorities. XTI is also engaging with other U.S. government stakeholders to explore opportunities to advance innovative aerospace and unmanned technologies that support defense, security, and allied mission requirements. Through XTI Aerospace and Drone Nerds, we are building a scalable drone ecosystem designed to strengthen unmanned system capabilities, enhance supply chain resilience, and help ensure advanced technologies are available when and where they are needed. Read the full announcement below. 🤝

XTI Aerospace continues to expand the capabilities of its Drone Nerds business with the addition of the SPARKX i7 3D printer to our growing technology portfolio. As part of Drone Nerds’ collaboration with Creality, the SPARKX i7 brings AI-assisted setup, full-auto calibration, real-time AI monitoring, and integrated multi-color printing into a streamlined, plug-and-play system designed for creators, engineers, and technology professionals. The SPARKX i7 supports up to four-color printing through an integrated automatic filament switching system, reducing workflow friction while enhancing creative flexibility. A built-in AI camera is designed to monitor print performance in real time, detecting issues such as filament entanglement or air printing to help maintain reliability and efficiency. The Creality SPARKX i7 is now available for pre-order through DRONE NERDS. 🤝

Introducing the Antigravity A1 all-in-one 8K 360° drone. Capture aerials with no missed angles, just pure immersive flight so you can fly first and frame later. Get yours now at https://hubs.ly/Q044QCz20

XTI Aerospace Drone Nerds business continues to expand its platform with differentiated technologies designed to meet the evolving needs of professional creators and enterprise operators. We are pleased to announce the addition of the Antigravity A1, an advanced 8K 360-degree drone, to the product lineup. The Antigravity A1 introduces a new approach to aerial capture, enabling full surround-view imaging in a single flight. Its dual-lens system captures immersive 360-degree footage while removing the aircraft from the final image, allowing users to reframe and extract multiple perspectives during post-production. This capability can significantly improve workflow efficiency by reducing the need for multiple flight passes while unlocking new creative and operational possibilities. The addition of the Antigravity A1 reflects our continued focus on scaling Drone Nerds as a leading U.S.-aligned unmanned aircraft systems platform. By expanding our portfolio with innovative and differentiated solutions, we are strengthening our ability to serve enterprise, government, and professional customers while supporting the broader growth of the vertical economy. The Antigravity A1 is now available through DRONE NERDS. 🤝